Some exchange rates are determined by supply and demand, which are unregulated. What type of exchange rates are these?
A)Floating exchange rates
B)Fixed exchange rates
C)Statistical exchange rates
D)Uneven exchange rates

Question

Quizplus · Accepted Answer

Floating exchange rates are determined by supply and demand, which are unregulated.
Key Takeaway: In most places, exchange rates are determined by supply and demand in the market. The opposite, fixed exchange rates, are set by government forces and were largely given up by the United States and most of the world's countries in the 1970s. Although governments still sometimes intervene in order to keep order, exchange rates world over are mainly determined by supply and demand.

Some Exchange Rates Are Determined by Supply and Demand, Which